Entry the People’s Bank of Blockchain | Empowered by smart contracts

ENTRY is a blockchain – based platform empowered by smart contracts

It will not only acts as a bank by offering easy deposits, payments and lending services, cross-border payments, ATM facility/convenient withdrawals, but also as a cryptocurrency exchange for the business and consumer world.

Entry.Cash
Cash machine/ATM system. Transfer, cash out or top up with cash (using agents or cash machines). Payment gateway for POS (real shops, service providers). Payment cards will also be added in the future for ease of access for both fiat and crypto.

ENTRY Token
Will be used in ENTRY platform as main cryptocurrency. Used in other platforms as main or side cryptocurrency. Tradable in exchanges.

Entry Money

Entry Money is a crypto currency and fiat payment gateway for e-shops that can be easily accessed through web and mobile app versions. It will provide IBAN (International bank Account Number) to every user of ENTRY to enable them to store blockchain assets in their accounts. Initially, we will facilitate only Euro currency (in fiat currencies) for all the transactions. We plan to put down roots in European countries which have a huge untapped market and then expand and incorporate all the major fiat currencies in the years to come.

Entry Money allows the users to deposit, store, withdraw and transfer fiat as well as crypto currency. Merchant can use the platform for simple conversions to ensure sale of their goods. Merchants will be able to trade in their own currency (say Euro for now), giving freedom tobuyers to use any crypto currency for purchase (say BTC). Entry. Money ensures that the merchant receives the payment in Euro; this process of conversion and transfer will
subsequently bring liquidity on Entry.Exchange.

Cross-border payment challenges:

Cross-border payments are intrinsically inefficient because there is not one single ubiquitous global payment system. There are three challenges that must be overcome in order to improve the cross-border process:

Slow, costly and inefficient cross-border payments for banks and businesses.

Lack of a common global standard and variations between systems have reduced the ability of both banks and corporate treasury/enterprise systems to seamlessly pass data between each other.

Government regulations are changing how payments are made. Payments are subject to domestic regulations, which compound the challenges of cross-border payments because often rules vary between an originating and receiving country.

Entry Exchange

ENTRY EXCHANGE’s Architecture is Built on Providing The Best Exchange Rates To Its Loyal Customers.

Entry Exchange acts as a virtual clearing-house for all transactions occurring on the ENTRY Platform. It is compatible with major existing payment technologies. Initially, ENTRY will enable the users to buy or sell cryptocurrencies like BTC, LTC, BCH, ETH and DASH using Euro and will soon incorporate all the major fiat currencies like Pound (£), Dollar ($), Japanese Yen (¥) and many more to provide liquidity in the ENTRY ecosystem.

It will be connected to other exchanges to maintain liquidity for all platform operations. It will have ENTRY Token as one of the main exchange pair in Entry.Exchange and reward those who will hold ENTRY Token in their account. We aim to enlist our Token on Entry.Exchange after the closure of ICO. Since all the services will be active before the end of Token offering, Entry will have a huge user base when it will enlist its Token on exchange. Therefore, this will facilitate the growth of ENTRY services and lead to an appreciation in the value of ENTRY Token.

Entry Exchange facilitates

Cryptocurrencies-to-Cryptocurrencies Payments

Fiat-to-Cryptocurrencies Payments

Cryptocurrencies-to-Fiat Payments

Fiat-to-Fiat Payments

Entry Exchange will help crypto investors and traders trade in and out of multiple crypto and fiat currencies in real-time and with low transaction costs. It will also be able to facilitate High frequency and Algo traders, currently shut off from the crypto universe because of the large processing time for transactions.

ENTRY is a multi-functional platform with Entry.Exchange, Entry.Money, Entry.Network, Entry.Cash and Entry.Bank as major domains that integrate to improve the Token flow and liquidity of blockchain assets. The increased functionality leads to lower cost and higher efficiency.

Entry Network

Entry Network will provide an underlying financial platform for third party partners, developers and other financial service companies. This platform will be creating a framework that will empower our partners to build further financial products and services on our core banking platform. The entire architecture of the Entry.Network will be structured through bank APIs for scalability and flexibility.

API

ENTRY will provide a comprehensive API to allow merchants and businesses to integrate their
business processes with our architecture. API gives access to the 3rd part developers to make
use of ENTRY services and enhance its acceptability and usage. API business model will help
the platform to grow its network and strengthen its services by adding more partners at a
global level.

API for Trading Platform

Entry. Exchange API will provide rich user interface with visualized charts, comparative analysis tables, traders accounts, examine balances etc. to increase customer engagement with the platform. AI will also be leveraged for matching trades on the platform for faster execution.

Wallet

ENTRY wallet would be a crucial future addition to the Entry.Network. It will be a multicurrency digital wallet that allows the users to store fiat as well as crypto currencies and hold private key electronically. The blockchain technology facilitates the users to receive coins, make payments through blockchain assets and monitor the balance.

Multi-currency wallet

Bitcoin is the most well-known and popular cryptocurrency with maximum usability and acceptability. But with the growing crypto market, hundreds of new cryptocurrencies have emerged, each with a distinctive ecosystem and infrastructure. ENTRY wallet resolves the chaos to handle multiple wallets for each cryptocurrency. It accepts fiat as well as all multiple popular cryptocurrencies to provide a convenient solution to its users.

ENTRY NETWORK VERSUS OTHER WALLET

ENTRY is a multi-functional platform with Entry Exchange, Entry Money, Entry Network, Entry Cash and Entry Bank as major domains that integrate to improve the Token flow and liquidity of blockchain assets. The increased functionality leads to lower cost and higher efficiency.

ENTRY Wallet is a multi-currency wallet available for its users all around the world. It enables instant transfers without any limitation to transaction size.

Entry Bank

Entry.Bank is a digital bank with traditional banking services provided using blockchain technology. Entry.Bank will provide traditional banking services of deposit and payment to its users. Users can deposit blockchain assets in their Entry.Bank accounts and make easy payments to individuals, merchants or any other entity. Transactions flowing through ENTRY Token as the main currency of the platform will have a network effect and add financial value to the Token.

DEBIT CARDS

Entry.Bank also facilitates payments through physical as well as virtual cards. The users can make easy payments to individuals and merchants using the funds stored in ENTRY wallet. Through card issuance partnerships with global payment networks, Entry.Bank will aim that its cards can be accepted by millions of merchants as well as POS terminals, the adoption of which is growing exponentially with existing 3 Million ATMs which enable withdrawing cash worldwide. The debit cards will bridge the gap between the fiat and crypto worlds by increasing the Token flow in the real world by quick currency conversions at the point of payment. This will promote the financial freedom of the users to make easy, quick and secure payments.

Debit card can be controlled and managed through mobile app or internet bank.

LOANS AND INVESTMENTS

The current crypto-Tokens are meant only for speculation. ENTRY platform will usher in a new structure where crypto players will have the option to diversify their stash into fixed income instruments. Entry.Bank will create a P2P platform like Lending Club and OnDeck to facilitate consumers and businesses. The Alternate Finance Industry Report issued by Chicago’s Booth Business School and Cambridge’s Judge Business School reported that:

The alternative finance market continued to grow across the United States (US), Canada and Latin America and the Caribbean (LAC) in 2016 to a total market volume of $35.2 billion. The 23% increase from last year was driven by growth across all regions and most market segments of the Americas.

LENDING

Entry.Bank will provide loans to individuals and small entrepreneurs both in fiat (for now Euro) as well as crypto currency like BTC, LTC, BCH, ETH and DASH. ENTRY sees micro-lending digital currencies as a window of opportunity to improve the real world financial adoption of the blockchain economy and make it readily available to users of ENTY platform.

INSURANCE

Entry.Bank will provide commercial business insurance solutions designed for the specific needs of the clients. The company will seek to provide the best combination of coverage and cost to its clients.

ENTRY.BANK VERSUS OTHER CRYPTOCURRENCY BANK SERVICES

ENTRY is a multi-functional platform with Entry.Exchange, Entry.Money, Entry Network, Entry Cash and Entry Bank as major domains that integrate to improve the Token flow and liquidity of block chain assets. The increased functionality leads to lower cost and higher efficiency.

Entry Cash

The total value of all cryptocurrency in circulation is now almost $300 billion. This is roughly double what it was just a few months ago, but it’s still tiny compared to the face value of paper dollars issued by the Federal Reserve, which alone amount to about $1.4 trillion.12 Although the world of cryptocurrency is amplifying at a fast pace, still it cannot wholly supplant the central bank fiat currency. Entry.Cash will work as a virtual ATM which enables the users to withdraw cash from their ENTRY wallet (digital wallet).

The company intends to provide free debit cards, free fiat-to-fiat transfers, and free exchange in the initial years. It will charge comparatively very low fees for deposits and withdrawal from the exchange. Merchants in particular would be incentivized for using the payment gateway by offering them services at an artificially low rate. The idea is to capture huge customer base by providing cost-efficient ENTRY services and then earn economies of scale.

ENTRY Token

ENTRY Token is an electronic and virtual currency Token that will flow in the ENTRY ecosystem. It is the crypto-currency Token of ENTRY platform used for peer-to-peer transactions and micro payments. It will be the medium of exchange for transacting on the platform and availing ENTRY’s banking and financial services.

Benefits and Value of ENTRY Token

● The company will offer saving account to increase ENTRY Tokens, prevent speculating. This will allow ENTRY holders earn interest on their holdings.
● ENTRY Token will motivate market participants to use ENTRY for transactions and savings as compared to speculation. This will allow the currency to grow into its role as a store of value as compared to the current speculation hype in major Tokens.
● ENTRY Token will allow streamlining the functioning of the entire ENTRY platform and will help maintaining liquidity in ENTRY platform.
● As the usage of ENTRY Token increases for business and transactions, the Token will be available in more and more places. This will have a parallel effect on the market of the ENTRY Token. The ENTRY will also see a long-term usage due to the business growth and network effect taken place.
● You can use ENTRY Tokens to pay for any fees on our platform, including but not limited to: exchange fees, withdraw fees, listing fees, premium services or any other fee/service when you use ENTRY to pay for fees/services, you will receive a significant discount.
● In the future, ENTRY will build a fully functional ecosystem where ENTRY would be used as one of the key base assets and main currency in whole business.
● ENTRY in the future will launch ENTRY2 stable coin. This coin will ensure of ENTRY ecosystem and users growth in all possible ways as less speculative coin. More users and business join ENTRY ecosystem, more holders for ENTRY token to receive a significant discounts for usage.

TOKEN SALE

Before the launch of ENTRY platform, it will undergo a Token sale exercise. The funds raised in the ICO will be utilized by the team to develop the ENTRY platform.

Aim of Entry

 To help cryptocurrencies achieve suitability for everyday transactions and open the world of crypto-finance to every citizen.
 To keep a transparent record of all the transactions in the ecosystem.
 To expand the use of cryptocurrencies for purchase and payments across the business world.
 To create a simple and all-in-one platform to revolutionize the traditional methods of dealing with banking systems.
 ENTRY’s suite of comprehensive banking products and services will ensure a new benchmark in banking and financial services.

TEAM

Our team has a wide experience in Fintech, AI, Blockchain, Marketing and Business Development. We are proud to have the support and trust of various industry leaders, Be a part of the revolution and join us at team@entry.money

OUR RATING ABOUT ENTRY PROJECT

ENTRY PROJECT

ICO PROFILE

TEAM

VISION

PRODUCT

Summary

ENTRY is a blockchain - based platform empowered by smart contracts; it which not only acts as a bank by offering easy deposits, payment and lending services, cross-border payments, ATM facility/convenient withdrawals, but also as a cryptocurrency exchange for the business and consumer world.

A CRYPTOCURRENCY EXCHANGE WITH UNIQUE LIQUIDITY AGGREGATION TECHNOLOGY LIQNET is a cryptoexchange that aggregates liquidity from various platforms thus solving the problem of the splitting of users and their […]

A CRYPTOCURRENCY EXCHANGE WITH UNIQUE LIQUIDITY AGGREGATION TECHNOLOGY LIQNET is a cryptoexchange that aggregates liquidity from various platforms thus solving the problem of the splitting of users and their […]